Hope Credit Union Memphis TN | Affordable Vehicle Loans & Checking

Introduction

Welcome to Hope, your trusted financial partner located at 2923 Ridgeway Rd, Memphis, TN 38115. Since opening our doors in 1995, we have proudly served our community with a commitment to providing exceptional financial services tailored to the needs of our 41,000 members. With total assets exceeding $653 million, our strength lies not only in our robust financial foundation but also in the relationships we build within the community. At Hope, we believe in empowering our members through personalized banking solutions. Whether you're looking for a new auto loan among our 8,957 loans and leases or seeking advice on personal savings accounts, our dedicated team is here to assist you every step of the way. Led by CEO William Bynum and Board President Carolyn Gill-Jefferson, our team of 246 employees is passionate about helping you achieve your financial goals. While you can visit us at our branch location, we also encourage official correspondence to be sent to the same address: 2923 Ridgeway Rd, Memphis, TN 38115. With total deposits of $58 million and a net worth of $151 million, we are well-equipped to support both your personal and business banking needs. Our services include everything from checking and savings accounts to competitive mortgage options and credit cards that offer rewards. We also provide online and mobile banking for your convenience because managing your finances should be straightforward and accessible. With over $4.4 million in cash on hand and a commitment to responsible lending practices, Hope remains dedicated to fostering financial wellness within the community. We invite you to join us in this journey towards financial empowerment. For any questions or further assistance, feel free to reach out at 901-358-4496 or visit our website at www.hopecu.org. Your future starts here at Hope!

Branch History & Mission

Commitment to Accessibility

In today's fast-paced world, convenience matters. That's why Hope has embraced digital advancements that make banking easier for everyone. Our members can enjoy online banking, mobile payments, and person-to-person transfers making it simple to manage finances from anywhere. We also ensure ADA compliance so that all members can access our services comfortably. With an ATM on-site and drive-thru banking available, we strive to provide flexible options for all your banking needs. If you need assistance or have questions, don't hesitate to reach out at (901) 358-4496 during our operating hours: Monday through Thursday from 9:00 AM to 4:30 PM, Friday from 9:00 AM to 5:00 PM, and Saturday from 9:00 AM to 1:00 PM.

Join Us

As we look towards the future, we invite you to join us at Hope. Experience firsthand the benefits of being part of a credit union that truly cares about its members and the community. Together, let's build a brighter financial future for everyone in Memphis and beyond. Visit us today or explore more about what we offer online at Ridgeway Rd.

Our Mission

At Hope, our mission is clear: we strive to deliver exceptional financial services that enhance the lives of our members. We believe in putting people first, providing not only traditional banking products like checking and savings accounts but also innovative solutions such as auto loans, mortgages, personal loans, and credit cards with rewards. Our commitment extends beyond just financial transactions; we aim to create lasting relationships built on trust and mutual support. We understand that the success of our members directly contributes to the strength of our community. That's why we actively engage in outreach programs and partnerships with local organizations, ensuring that we give back to the neighborhoods that support us. Whether it's through financial education workshops or community service initiatives, we take pride in making a positive impact.

Branch Location & Accessibility

Accessibility Features

Our branch is designed with accessibility in mind, featuring ADA-compliant entrances and ramps to ensure everyone can easily access our services. We offer ample parking space right outside, so you won't have to worry about finding a spot when you arrive.

Get in Touch

Ready to experience the difference at Hope? You can reach us at 901-358-4496 for any questions or simply drop by during our operating hours. We look forward to welcoming you into our community and helping you achieve your financial goals!

Operating Hours

We know that life can get busy, which is why our operating hours are crafted to fit your schedule. Visit us Monday through Thursday from 9:00 AM to 4:30 PM, Friday from 9:00 AM to 5:00 PM, and Saturday from 9:00 AM to 1:00 PM. Whether you need help with personal banking, loans, or just want to chat with one of our friendly representatives, we're here for you during these hours.

Services Offered

At Hope, we take pride in offering a wide range of services that cater to your financial needs. From personal checking and savings accounts to auto loans and mortgages, we've got you covered. Our branch also features an ATM for quick cash withdrawals and drive-thru banking for those who prefer convenience without leaving their vehicles. If you're a member of a partner credit union, don't forget that we offer shared services as well!

Member Eligibility

At Hope, we believe that joining our community is more than just opening an account; it's about becoming part of a supportive family that looks out for each other. To become a member at our branch located at 2923 Ridgeway Rd Memphis Tn 38115, you simply need to meet some friendly eligibility criteria. Typically, those who live, work, worship, or attend school in the area are welcome to join us. We also encourage family members of existing members to apply. Our goal is to make banking accessible and beneficial for everyone, so if you're looking for a place where you can feel valued and supported, you're in the right spot. Opening your account with us is straightforward! You can find all the details you need about how to get started on our website. If you have any questions or want to chat about membership options, don't hesitate to give us a call at (901) 358-4496. For more specific information on eligibility requirements, please visit . We can't wait to welcome you into our community!

Business Banking & Commercial Services

Merchant Services for Everyday Needs

In addition to loans, we offer merchant services that simplify transactions for your business. Imagine being able to accept payments from customers seamlessly, whether they pay by card or through mobile wallets. Our services help you focus on what matters most growing your business. Visit us at 2923 Ridgeway Rd Memphis Tn 38115 in Memphis, TN or call us at (901) 358-4496 to learn how we can partner with you for success!

Tailored Lending Solutions

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $129 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $62 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $116,685,129, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

ATM & Cash Withdrawal Services

Need cash quickly? Our branch is equipped with an ATM for easy cash withdrawals and balance checks. You'll also find drive-thru banking services available for quick deposits and simple transactions without leaving your car. For members who belong to partner credit unions, we offer basic shared branch transactions as well. This means you can make deposits and withdrawals even when you're away from home keeping access simple and straightforward.

Business Banking Services

If you're a business owner, you'll appreciate our dedicated business banking services that include merchant services and business loans tailored specifically for small businesses. We know how important it is for entrepreneurs to have access to the right financial support, so we're here to assist you in growing your enterprise.

Convenient Digital Banking

In today's fast-paced world, convenience matters. That's why we've invested in robust online and mobile banking platforms that make managing your accounts easier than ever. With features like mobile payments, e-statements, and the ability to transfer funds through person-to-person payments, you can handle your banking needs anytime, anywhere.

Join Us Today!

At Hope, we believe in making banking accessible for everyone in our community. Whether you're looking for personal banking solutions or business assistance, we're here to help. Feel free to reach out at (901) 358-4496 or visit us at 2923 Ridgeway Rd Memphis Tn 38115 during our operating hours: Monday through Thursday from 9:00 AM to 4:30 PM, Friday from 9:00 AM to 5:00 PM, and Saturday from 9:00 AM to 1:00 PM. We invite you to explore all that we have to offer by visiting our website at Ridgeway Rd. Let us help you take control of your financial journey today!

Personal Banking Solutions

Our personal banking services cater to every aspect of your financial life. Whether you're looking to open a checking or savings account for everyday expenses or saving for future plans, we've got you covered. Need a new vehicle? Our auto loans and vehicle financing options are designed to help you hit the road without breaking the bank. If you're considering buying a home, our mortgage loans and refinancing solutions provide flexible terms to fit your budget. For those unexpected expenses, our personal loans and debt consolidation services offer an easy way to manage costs and find relief from high-interest debts. Plus, don't forget about our credit cards with rewards, which let you earn points on your purchases while enjoying competitive rates.

Digital & Online Banking

Always Accessible

We believe banking should be convenient. That's why our services are user-friendly and accessible whenever you need them. Whether you're managing everyday expenses or planning for future goals, our digital tools provide real-time account management right at your fingertips. Experience the ease of banking with Hope today!

Convenient Online Banking

Our online banking platform allows you to access your accounts 24/7, giving you the freedom to check balances, pay bills, and transfer funds without the need to visit a branch. Simply visit https://www.hopecu.org/ to get started. Plus, with features like person-to-person transfers, sending money to friends or family is quick and hassle-free.

E-Statements and Mobile Payments

Say goodbye to paper clutter! With e-statements available, you can easily keep track of your financial history online. Our mobile payments feature allows you to make purchases directly from your phone just another way we help simplify your banking experience.

Secure Transactions

Security is a top priority for us at Hope. We offer electronic signature authorization for document signing, ensuring that your sensitive information remains protected. Our mobile application further enhances security while providing an intuitive interface for all your banking needs.

Financial Strength

Growing Member Community

Total Share and Deposit Accounts: 52,499, showing a strong and growing member base that trusts us with their finances. Our net shares (funds available for lending and investments) stand at $14,334,424, demonstrating our commitment to investing back into the community. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Hope is your trusted partner. Visit us at 2923 Ridgeway Rd Memphis Tn 38115 or call (901) 358-4496 to learn more about how we can help you achieve your financial goals.

Investment in Your Future

With $6,585,723 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment to your financial well-being is reflected in our lending capacity: with $1,148 in used auto loans and $393,646,582 in total loans and leases, we support members' financial goals across various sectors.

Operational Efficiency

Our $195,806 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 215 full-time employees and 31 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Secure Savings Options

Members' savings are secured through $137,602,792 in share certificates and $71,443,208 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $28,503,654, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Strong Capital Base

With a net worth of $151,213,078, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $2,313 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $19,433,507 in used vehicle loans and $5,153,585 in new vehicle loans already helping members get on the road. Whether you're interested in a brand-new model or a reliable used vehicle, our financing options can make it happen.

Business Financing

For business owners, our outstanding commercial loans totaling $116,685,129 provide the capital needed to grow and expand. We understand the unique challenges businesses face and are here to support your journey toward success. We invite you to explore our loan offerings at 2923 Ridgeway Rd Memphis Tn 38115, Memphis, TN. If you have questions or need assistance, don't hesitate to reach out at (901) 358-4496. Our team is ready to help you find the right loan product tailored just for you! Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $2,183,910, make buying or refinancing simple. We offer competitive rates and personalized service to guide you through the process of obtaining your mortgage.

Unsecured Credit Card Loans

Managing everyday expenses can sometimes be challenging. We also offer flexible terms on unsecured credit card loans, with a total of $730,537 in loans helping members manage their finances effectively. Our credit cards come with rewards that allow you to earn while you spend.

Loan Aggregator

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HOPE FEDERAL CREDIT UNION